Takes: Sheldon Adelson’s Switch

Adelson, like other members of his family, had been a Democrat. But, as his wealth grew, he began to favor tax-averse Republican economic policies. He argued to an associate recently, “Why is it fair that I should be paying a higher percentage of taxes than anyone else?” Three years ago, at an event in Washington, D.C., celebrating the twentieth anniversary of the Republican Jewish Coalition, Adelson, who was being honored that evening, told the audience about the time he had spent with William Bush, the brother of George H. W. Bush, during the 1988 election. “He explained to me what Republicanism was all about … so I got to learn about it and I switched immediately!” Adelson said.